13 Monroe StreetDoverNH03820
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 13 Monroe Street, Dover, NH, 03820 in Dover is narrow, $25/mo net on $1,901/mo rent after the $1,259/mo debt service, but the property operates at break-even-plus, not a loss. At $279,900 with a 8.15% yield, the long-run equity case via 5% appreciation ($77,331 over five years) and $2,578/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.51 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $108,340.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.8% |
| Monthly Cash Flow | $25 | $1,850 |
City averages based on Dover market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,901 |
| Total Monthly Debt Service | $1,765 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03820, Dover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,942 (100%) |
| Owner Occupied HU | 7,947 (49.8%) |
| Renter Occupied HU | 7,317 (45.9%) |
| Vacant Housing Units | 678 ( 4.3%) |
| Median Home Value | $496,451 |
| Average Home Value | $516,612 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,270
Multi-Family
3,258
Businesses
1,181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1940
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03820, Dover, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,942 (100%) |
| Owner Occupied HU | 7,947 (49.8%) |
| Renter Occupied HU | 7,317 (45.9%) |
| Vacant Housing Units | 678 ( 4.3%) |
| Median Home Value | $496,451 |
| Average Home Value | $516,612 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,270
Multi-Family
3,258
Businesses
1,181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Spezzaferri • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5056495